Emergency Food Market Size to grow by USD 3.20 billion between 2024-2028
Technavio, a leading provider of market research reports, has released its latest study on Emergency Food Market. This report offers a comprehensive analysis of the current market trends, emerging opportunities, and key challenges.
Key Highlights:
The market size is estimated to grow by USD 3.20 billion, at a CAGR of 7.35% during the forecast period. In the dynamic food market, the surge in health-conscious consumer behavior is driving a notable increase in demand for organic freeze-dried foods, particularly in countries such as the UK and the US. Consumers with dietary restrictions, including lactose intolerance and celiac disease, are fueling this trend by shifting towards vegan and gluten-free options. Moreover, the growing demand for meat alternatives further reinforces this trend. The vegan population is experiencing significant growth, and organic freeze-dried foods cater to this market segment with their higher nutritional profiles. These foods undergo a meticulous processing method, where whole foods such as acai, chia, cacao, moringa, flax, and turmeric are first freeze-dried and then cold-pressed. To earn the organic certification, vendors must adhere to stringent organic conditions and standards throughout production, encompassing sourcing raw products, nutrition extraction procedures, crop management, processing temperature, transportation, and packaging materials.
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In North America, the market for emergency food products, also known as ready-to-eat, long-lasting provisions designed for consumption during crises or natural disasters, has experienced significant growth. These goods, which include freeze-dried meals, canned foods, energy bars, and food rations, are highly valued for their nutritional content, ease of storage, and extended shelf life. The increasing awareness of the need for disaster preparedness, the convenience of ready-to-eat meals during emergencies, and the rise in natural disasters in the region are key drivers fueling the demand for emergency foods in North America.
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